Turn-Key Restaurant Franchise
1390 Tingle Circle East Mobile, AL 36606
1390 Tingle Circle East, Mobile, AL, 36606
$400,000
For Sale
$400,000
Established franchise restaurant for sale in high-traffic Mobile location.
Property Size2,500 SF
Price / SF$160
Days on Market238
Property Features for 1390 Tingle Circle East
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Retail
Listing Agency
SVN Toomey Property Advisors
(251) 680-3663
Listed by
Justin Toomey · License #MS #22847
(251) 680-3663
Source
Svn
Added: Nov 21, 2025 Checked: Jul 16 at 5:16 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Toomey Property Advisors
Investment Insights
Based on property information with market context.
This Dickey’s Barbecue Pit is a turn-key franchise opportunity located in a high-traffic area of Mobile, AL. The property is situated next to a new Dave & Buster’s development and is surrounded by TopGolf, Costco, Dick’s Sporting Goods, Publix, Sprouts Farmers Market, The Shoppes at Bel Air, and the McGowin Park Shopping Center. The location benefits from over 30,000 vehicles passing daily on Government Boulevard. The fully operational restaurant includes a trained staff, equipped kitchen, and a loyal customer base. The property is positioned in one of Mobile’s rapidly growing commercial districts, near major retailers, entertainment venues, and employers. Mobile serves as the economic hub of the Mobile MSA, which has a population of 411,640, and is driven by the Port of Mobile, Airbus, and a thriving healthcare sector. The property is 2500 square feet and has gross sales over $100,000 per month.
Key Highlights
- High‑traffic location with over 30,000 vehicles passing daily on Government Boulevard
- Located next to Dave & Buster’s, TopGolf, Costco, Dick’s Sporting Goods, Publix, and other major retailers
- Gross sales over $100,000 per month
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.5k | $19.80 |
| − Vacancy | −$2.2k | −$0.89 |
| EGI | $47.3k | $18.91 |
| − OpEx | −$14.2k | −$5.67 |
| NOI | $33.1k | $13.24 |
2,500 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$540.0K
$472.5K – $630.0K
NOI $37,800 @ 7.0% cap · market cap 9.45%
Second Best
Retail
$472.7K
$413.6K – $551.5K
NOI $33,091 @ 7.0% cap · market cap 8.27%
Theoretical Best
Office A
$635.4K
$556.0K – $741.3K
NOI $44,479 @ 7.0% cap · market cap 11.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Turn key restaurants
Similar For Sale Nearby
Similar Off Market Nearby
- Full Of Grace Catering — 2453 Commercial Park Dr, Mobile, AL 36606
- Wcnn Catering Service — 2453 Commercial Park Dr, Mobile, AL 36606
FAQs
What type of property is this?
Restaurant - Established franchise restaurant for sale in high-traffic Mobile location.
Where is this restaurant located?
The property is located at 1390 Tingle Circle East Mobile, AL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: High‑traffic location with over 30,000 vehicles passing daily on Government Boulevard; Located next to Dave & Buster’s, TopGolf, Costco, Dick’s Sporting Goods, Publix, and other major retailers; Gross sales over $100,000 per month
